SADC: Clutch Market 2024

Clutch Market Size in SADC

The SADC clutch market totaled $X in 2022, increasing by 11% against the previous year. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Clutch Production in SADC

In value terms, clutch production rose notably to $X in 2022 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.2% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 27% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Clutch Exports

Exports in SADC

In 2022, approx. X tons of clutches were exported in SADC; reducing by -15.8% compared with the previous year. Total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +2.6% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of 22% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, clutch exports reduced to $X in 2022. The total export value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 30% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from South Africa (X tons), together accounting for 99% of total export.

South Africa was also the fastest-growing in terms of the clutches exports, with a CAGR of +2.7% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest clutch supplier in SADC.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at +1.8%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, picking up by 2.7% against the previous year. Overall, the export price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2017 when the export price increased by 18% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -0.9% per year.

Clutch Imports

Imports in SADC

In 2022, overseas purchases of clutches increased by 6.6% to X tons, rising for the second consecutive year after three years of decline. Total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 40% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, clutch imports expanded notably to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

South Africa dominates imports structure, amounting to X tons, which was near 74% of total imports in 2022. It was distantly followed by Tanzania (X tons), mixing up a 7% share of total imports. The following importers - Angola (X tons), Zimbabwe (X tons), Democratic Republic of the Congo (X tons) and Madagascar (X tons) - together made up 12% of total imports.

Imports into South Africa increased at an average annual rate of +3.6% from 2012 to 2022. At the same time, Democratic Republic of the Congo (+14.1%), Zimbabwe (+10.4%), Tanzania (+6.1%) and Madagascar (+3.3%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of +14.1% from 2012-2022. By contrast, Angola (-2.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Democratic Republic of the Congo and Tanzania increased by +1.8 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported clutches in SADC, comprising 74% of total imports. The second position in the ranking was taken by Angola ($X), with a 3.9% share of total imports. It was followed by Tanzania, with a 3.5% share.

In South Africa, clutch imports expanded at an average annual rate of +1.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Angola (-7.1% per year) and Tanzania (+0.7% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price recorded a pronounced reduction. The pace of growth appeared the most rapid in 2018 when the import price increased by 33%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+1.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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